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Domingo
Domingo is 35 years old and married with three children who are attending school. Domingo is a farmer, and he grows rice to sell. He has been in this business for 10 years now. He is aiming for higher crop production, so he is asking for a loan of PHP 25,000 to buy fertilizers and insecticides for use in farming. These inputs will help to ensure good nutrition for his crops.

Domingo hopes to keep producing a plentiful harvest to meet all of his family's needs for a fortunate life someday.

Additional Information

About Alalay sa Kaunlaran, Inc.

This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $7,000
    Average annual income
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Domingo to buy fertilizers and insecticides to use in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 11, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013